Pullmantur Cruises
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Pullmantur Cruises
Pullmantur Cruises was a cruise line headquartered in Madrid, Spain. It began operations in the late 1990s as an offshoot of the Madrid-based travel agency Pullmantur. In 2006, Pullmantur Cruises, through its parent company, was purchased by U.S.-based Royal Caribbean Group, but Royal Caribbean later sold a 51% stake in the cruise line to Spain-based investment firm Springwater Capital, retaining a 49% stake. Pullmantur Cruises was the largest Spain-based cruise line. The company mainly marketed to Spanish passengers, although cruises were also sold by some travel operators outside the Spanish-speaking world. Some of the company's ships operated an "all-inclusive" product, where some extras, such as brand alcoholic beverages, were included in the cruise price. Originally, most Pullmantur ships did not operate cruises for the company during the northern hemisphere winter season. Instead, they were either laid up or under charter to other cruise lines, such as the Brazil-based Via ...
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Corporate Reorganization
Restructuring is the corporate management term for the act of reorganizing the legal, ownership, operational, or other structures of a company for the purpose of making it more profitable, or better organized for its present needs. Other reasons for restructuring include a change of ownership or ownership structure, demerger, or a response to a crisis or major change in the business such as bankruptcy, repositioning, or buyout. Restructuring may also be described as corporate restructuring, debt restructuring and financial restructuring. Executives involved in restructuring often hire financial and legal advisors to assist in the transaction details and negotiation. It may also be done by a new CEO hired specifically to make the difficult and controversial decisions required to save or reposition the company. It generally involves financing debt, selling portions of the company to investors, and reorganizing or reducing operations. The basic nature of restructuring is a zero-sum ...
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MV Horizon
''Horizon'' was a cruise ship that sailed from 1990-2020, and was the first new build for Celebrity Cruises. She was sent for scrapping in Aliaga in 2022. Service history The vessel was ordered on April 28, 1988 at Meyer Werft by Chandris Cruises as a replacement for in the Chandris Fantasy fleet. However, upon the formation of Celebrity Cruises after an agreement with the government of Bermuda, it was transferred while under construction, and entered service for the new upscale brand. The ship was significant as it was the first new build ordered by parent company Chandris and the new Celebrity brand, both of which only had operated second hand ships prior. The exterior of the ship was designed by Jon Bannenberg while the principal designers for the interiors were Athens based Michael Katsourakis, Patricia Hayes & Associates, and British Designer John McNeece. The ship was christened by Myrto Chandris, the wife of company founder Dimitri Chandris, and was delivered on on Ap ...
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Royal Caribbean Cruises Ltd
Royal Caribbean Group, formerly known as Royal Caribbean Cruises Ltd., is a global cruise holding company incorporated in Liberia and based in Miami, Florida, United States. It is the world's second-largest cruise line operator, after Carnival Corporation & plc. As of January 2021, Royal Caribbean Group fully owns three cruise lines: Royal Caribbean International, Celebrity Cruises, and Silversea Cruises. They also hold a 50% stake in TUI Cruises and the now-defunct Pullmantur Cruises and CDF Croisières de France. Previously Royal Caribbean Group also fully owned Azamara Cruises selling the cruise line to Sycamore Partners in January 2021, and 50% of Island Cruises, selling their stake to TUI Travel PLC in October 2008. History Royal Caribbean Group was formed as Royal Caribbean Cruises Ltd. in 1997 when Royal Caribbean Cruise Line purchased Celebrity Cruises. The decision was made to keep the two cruise line brands separate following the merger; as a result Royal Caribbean Cr ...
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P&O Cruises Australia
P&O Cruises Australia is a British-American owned cruise line with operational headquarters as part of Carnival Australia, based in Chatswood, New South Wales, Australia. Originally a sister company of P&O Cruises in the United Kingdom, it was previously a constituent of the Peninsular & Oriental Steam Navigation Company and has a direct link in history to the world's first cruise ships. As such, it is one of the oldest cruise lines in the world, and now forms part of the Carnival Corporation & plc, managed locally by Carnival Australia. It currently operates three ships, sailing from various ports in Australia and New Zealand. History Beginnings P&O Cruises Australia originates from the passenger division of the Peninsular and Oriental Steam Navigation Company, a UK shipping company which operated the world's first passenger ships in the early 19th century. P&O subsequently became the first company to operate passenger routes to Australia, with the first of these voyages occ ...
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Oceania Cruises
Oceania Cruises is a cruise line based in Miami, Florida, that operates six cruise ships on worldwide itineraries. It typically offers cruises that last between 10 and 14 days, but is also known for its long cruises lasting up to 195 days. The line's President and CEO is Bob Binder; he is vice-chairman and also a co-founder of the brand. Since September 2014, Oceania Cruises has been a wholly owned subsidiary of Norwegian Cruise Line Holdings, which also owns Norwegian Cruise Line and Regent Seven Seas Cruises. History Oceania Cruises was founded in 2002. The company chartered the former Renaissance Cruises ship ''R Two'' from Cruiseinvest and renamed her ''Insignia'' in October 2002. at ''Fakta om Fartyg'' , retrieved 25. 6. 2007 In April 2003 the ''Insignia'' was chartered to the French travel agency TRM for three months, during which Oceania Cruises operated no vessels. On 15 June 2003 Oceania Cruises re-commenced service with two ships: ''Insignia'' was renamed ''Regatt ...
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Star Cruises
Star Cruises was a cruise line headquartered in Hong Kong and operating in the Asia-Pacific market. The company was owned by Genting Hong Kong. It was the eighteenth largest cruise line in the world after Carnival Corporation, Royal Caribbean Cruises and 15 others. The chairman of Star Cruises was Tan Sri Lim Kok Thay, the son of the late Tan Sri Lim Goh Tong, the founder of Malaysia's Genting Highlands. History Star Cruises was founded as an associate of the Genting Group of Malaysia, incorporated in Bermuda on 10 November 1993 with its corporate headquarters in Hong Kong. The company's first ships were two cruiseferries acquired from the bankrupted estate of Swedish Rederi AB Slite. In the following years, the company purchased several other used ships. In 1998, Star Cruises took delivery of its first new build, '' SuperStar Leo'', followed by sister ship ''SuperStar Virgo'' in 1999. Star Cruises also acquired Sun Cruises the same year. In 2000, Star Cruises acquired No ...
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Renaissance Cruises
Renaissance Cruises was a cruise ship operating company that was founded in 1989 and owned by Fearnley & Eger Rederi in Oslo, Norway. It was purchased by Edward Rudner (founder of Alamo Car Rental) as the company faltered during the Gulf War. It operated year-round cruise itineraries to the Mediterranean Sea, the Greek Isles, Tahiti and the South Pacific, northern Europe and Scandinavia. The company ceased operations on 25 September 2001, having accommodated up to 220,000 guests in 2000. While the company had been in poor financial health for quite some time, the economic decline resulting from the September 11 attacks in 2001 is credited with the demise of this cruise line. It was headquartered in Fort Lauderdale, Florida. Fleet Renaissance class The company also owned and operated eight Renaissance-class yacht-like ships between 1989 and 1992. The first four of them were built in Cantieri Navale Ferrari-Signani shipyards in La Spezia, Italy, from 1989 to 1991. They were long ...
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Princess Cruises
Princess Cruises is an American cruise line owned by Carnival Corporation & plc. The company is incorporated in Bermuda and its headquarters are in Santa Clarita, California, Santa Clarita, California. As of 2021, it is the List of cruise lines#List of cruise lines by size, second largest cruise line by net revenue. It was previously a subsidiary of P&O Princess Cruises, and is currently under Holland America Group within Carnival Corporation & plc, which holds executive control over the Princess Cruises brand. The line has 15 ships cruising global itineraries that are marketed to both American and international passengers. The company was made famous by the American television series ''The Love Boat'', in which its ship ''MS Pacific, Pacific Princess'' was featured. Since her introduction in 2019, ''Sky Princess (2019), Sky Princess'' has operated as the line's flagship. History Early years: 1965–1974 Princess Cruises began in 1965, when founder Stanley McDonald chartered ...
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MS Pacific
MS ''Pacific'' (known as Sea Venture from 1971 to 1975, Pacific Princess from 1975 to 2002, and simply Pacific from 2002 to 2013) was a cruise ship owned and operated by the Brazil-based Viagens CVC. She was built for Flagship Cruises in 1971 by the company Nordseewerke in Emden, West Germany, and named ''Sea Venture''. She operated cruises between the United States and Bermuda, which had been settled by the survivors of the wreck of the original ''Sea Venture'' in 1609. Between 1975 and 2002 she sailed for Princess Cruises as ''Pacific Princess'', becoming famous for appearing in the romantic comedy anthology TV series ''The Love Boat'', airing from 1977 to 1986, along with several later made-for-TV movies with the same theme and a revival of two more seasons as '' Love Boat: The Next Wave'' from 1998 to 1999. The ''Pacific Princess'' was also the setting for much of the 1980 book More Tales of the City by Armistead Maupin, which was later made into a miniseries which aired in 19 ...
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Barcelona
Barcelona ( , , ) is a city on the coast of northeastern Spain. It is the capital and largest city of the autonomous community of Catalonia, as well as the second most populous municipality of Spain. With a population of 1.6 million within city limits,Barcelona: Población por municipios y sexo
– Instituto Nacional de Estadística. (National Statistics Institute)
its urban area extends to numerous neighbouring municipalities within the and is home to around 4.8 million people, making it the
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Mediterranean Sea
The Mediterranean Sea is a sea connected to the Atlantic Ocean, surrounded by the Mediterranean Basin and almost completely enclosed by land: on the north by Western and Southern Europe and Anatolia, on the south by North Africa, and on the east by the Levant. The Sea has played a central role in the history of Western civilization. Geological evidence indicates that around 5.9 million years ago, the Mediterranean was cut off from the Atlantic and was partly or completely desiccated over a period of some 600,000 years during the Messinian salinity crisis before being refilled by the Zanclean flood about 5.3 million years ago. The Mediterranean Sea covers an area of about , representing 0.7% of the global ocean surface, but its connection to the Atlantic via the Strait of Gibraltar—the narrow strait that connects the Atlantic Ocean to the Mediterranean Sea and separates the Iberian Peninsula in Europe from Morocco in Africa—is only wide. The Mediterranean Sea e ...
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Premier Cruises
Premier Cruises was a cruise line holding company formed in the early 1990s that focused on the family cruise market as well as on developing cruise operations in new geographic markets. The company's business focus was to acquire older cruise vessels, refurbish these vessels in order to offer "traditional cruise experiences", operate the vessels in geographic areas, such as Europe and south/Central America, which the major operators such as Carnival Cruise Line, Norwegian Cruise Line and Royal Caribbean International were not focusing at the time, and to market their cruises largely to European and South American customers through strategic marketing partnerships with some of the major tour and travel groups in the world such as Thomson Holidays in the U.K, TUI in Germany, Fritidsresor in Scandinavia, Alpitour in Italy and Pullmantur in Spain (subsequently acquired by Royal Caribbean International for $800 million,) as well as through more than a dozen operators in south / Ce ...
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